JZP(SH:900952)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥601,186,994.19, a decrease of 10.21% compared to ¥1,517,278,990.36 in the same period last year[6] - The net profit attributable to shareholders was ¥45,646,636.81, down 11.36% from ¥51,498,444.51 year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,123,966.79, reflecting a significant decline of 87.32% from ¥16,756,852.18 in the previous year[6] - Basic earnings per share decreased to ¥0.0228 from ¥0.0257, marking an 11.36% decline[7] - The company reported a significant decrease in profit due to changes in product mix and reduced contributions from high-margin products, alongside decreased trade business profits[11] - Net profit for Q1 2022 was ¥43,389,526.78, down 13.3% from ¥50,053,320.84 in Q1 2021[24] - The company's investment income for Q1 2022 was CNY 44,502,173.74, significantly higher than CNY 15,452,585.55 in Q1 2021, marking an increase of 187.73%[34] - The comprehensive income for Q1 2022 was CNY 62,335,100.69, compared to CNY 42,543,702.04 in Q1 2021, reflecting a growth of 46.67%[35] Cash Flow - The net cash flow from operating activities was negative at -¥136,049,572.47, compared to a positive cash flow of ¥29,756,618.99 in the same period last year[7] - In Q1 2022, the cash inflow from operating activities was CNY 2,638,398,736.54, an increase of 36% compared to CNY 1,941,815,775.25 in Q1 2021[37] - The net cash flow from operating activities was negative at CNY -219,668,827.40, a decline from a positive CNY 215,758,060.73 in the same period last year[37] - Cash inflow from investment activities totaled CNY 378,062,499.98, significantly up from CNY 28,978,899.54 in Q1 2021, marking an increase of over 1200%[37] - The net cash flow from investment activities was CNY 331,109,917.17, compared to CNY 12,276,388.86 in Q1 2021, indicating a substantial improvement[37] - The net cash flow from financing activities improved to CNY -68,990,422.40 from CNY -593,866,121.36 in Q1 2021, showing a positive trend[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥18,284,929,987.28, a decrease of 0.96% from ¥18,462,626,185.25 at the end of the previous year[7] - Total liabilities decreased to ¥11,569,001,747.84 from ¥11,798,471,631.23, a reduction of 2.0%[21] - The company's total non-current assets amounted to ¥14,109,877,425.15, a decrease from ¥14,444,509,777.79[21] - The total liabilities increased to CNY 11,514,333,740.71 in Q1 2022, compared to CNY 11,439,499,605.19 in Q1 2021, reflecting a growth of 0.66%[32] - The total cash and cash equivalents at the end of Q1 2022 were CNY 358,280,587.94, down from CNY 400,870,279.96 at the end of Q1 2021[37] Shareholder Information - The total equity attributable to shareholders increased slightly by 0.82% to ¥6,615,427,265.50 from ¥6,561,416,637.66 at the end of the previous year[7] - The total number of common shareholders at the end of the reporting period is 107,879[13] - The largest shareholder, Dalian Port Investment Holding Group Co., Ltd., holds 382,110,546 shares, accounting for 19.08% of total shares[13] - The company has a significant portion of its shares marked or pledged, with 294,220,000 shares marked and 300,343,151 shares pledged by the second-largest shareholder[13] Future Plans and Investments - The company plans to receive remaining equity transfer payments from Baolai Group in stages by the end of 2023[15] - The company plans to focus on expanding its investment activities and improving cash flow management in the upcoming quarters[29] - The company acquired land use rights for RMB 4,905.45 million to meet future development needs[17] - The company received CNY 300,000,000.00 from investment recoveries in Q1 2022, indicating active management of investments[37] - The cash paid for purchasing fixed assets and other long-term assets was CNY 36,952,582.81, up from CNY 16,702,510.68 in Q1 2021, reflecting increased capital expenditure[37]